Ports and ShippingDP World completes first phase of $1.2 bn deepwater port in EcuadorPritam BordoloiOctober 10, 2019 by Pritam BordoloiOctober 10, 2019 The development of the first phase of the port of Posorja was completed at a cost of $583 mn... Read more
Ports and ShippingWorld’s largest container shipping firm eyes Kenya’s Lamu PortPritam BordoloiOctober 9, 2019 by Pritam BordoloiOctober 9, 2019 The official launch of the first berth in Lamu Port is set to take place this month... Read more
Ports and ShippingDP World to bid for Singapore offshore support vessel firmPritam BordoloiSeptember 20, 2019November 4, 2019 by Pritam BordoloiSeptember 20, 2019November 4, 2019 DP World is one of the six potential bidders for Singapore-based Miclyn Express Offshore... Read more
Ports and ShippingChina Merchants to diversify, invest in French port assetsInternational Finance DeskSeptember 3, 2019December 23, 2019 by International Finance DeskSeptember 3, 2019December 23, 2019 The investment will help French port firm reduce its debt after its $17 bn acquisition of Ceva Logistics... Read more
Ports and ShippingEgypt in talks with World Bank to establish cargo shipping lineInternational Finance DeskAugust 27, 2019December 23, 2019 by International Finance DeskAugust 27, 2019December 23, 2019 The Egyptian National Railway is studying establishing a shipping line between Alexandria and the Sixth of October dry port... Read more
Ports and ShippingOverseas business spurs profit surge at port operator ICTSIInternational Finance DeskAugust 14, 2019 by International Finance DeskAugust 14, 2019 H1 2019 revenues increase by 14% to $751.8 mn from $661.8 mn during the same period of the previous year... Read more
Ports and ShippingUNCTAD: Shanghai is the world’s best-connected portInternational Finance DeskAugust 13, 2019 by International Finance DeskAugust 13, 2019 The Port of Shanghai garners a connectivity score of 134 points in United Nations body’s index... Read more
Ports and ShippingJurong Port: Singapore retains top clean fuel bunkering port spotInternational Finance DeskJuly 30, 2019December 23, 2019 by International Finance DeskJuly 30, 2019December 23, 2019 The new facility has a capacity to store up to 252,000 cubic metres of clean, low-sulphur petroleum... Read more
Ports and ShippingDP World, Maspion to develop $1.2bn logistics park in IndonesiaInternational Finance DeskJuly 26, 2019December 23, 2019 by International Finance DeskJuly 26, 2019December 23, 2019 The Emirati-Indonesian joint venture marks the first public-private partnership for Indonesia’s transportation sector... Read more
Ports and ShippingSingapore ranks first among world’s maritime centres for sixth straight yearInternational Finance DeskJuly 12, 2019December 23, 2019 by International Finance DeskJuly 12, 2019December 23, 2019 The evaluation scores reflects Singapore's strength in ship management and shipbroking services... Read more